Strategic Ministries Inc

Analysis

Strategic Ministries Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Strategic Ministries Inc reported income of $131k and spending of $149k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $131k (+47%), an average of +47% a year. The sharpest change came in the year to December 2023, when income rose by 47%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Strategic Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Asambleas Cristo LA Unica Esperanza Inc ($131k), Third Coast Sports Foundation Inc ($131k) and Perfect Word Ministries Inc ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $174k against liabilities of $0, net assets of $174k.